Session presented by Seshika Fernando, the head of financial solutions at WSO2 at the 5th Annual European Payments Forum. Agile and Adaptable Technology Platforms - Easing the Insanity of the Post PSD2 World”. This session covers A PSD2 Sequel - Our predictions for the next 5 years. How to manage compliance expectations with business priorities - How to make PSD2 work for YOU. The technology success mix for the next 5 years. Building a Technology Driven Strategic Advantage .

1. Agile and Adaptable Technology Platforms
Easing the Insanity of the Post PSD2 World
Seshika Fernando
Head of Financial Solutions

2. About Us
Get regulated financial services
Get better healthcare
Get new and convenient
shopping experiences
Get to places faster
Get efficient public services
Get cost saving benefits
Get more customized
consumer services
Get more productive

3. Transactions
per year
5 Trillion
1 Billion
2005 2010 2012 2017

4. About You
Credits to ProSymbols, Bence Bezeredy, Avnihan Kirisik, Artem Kovyasin and Bezier Master of the noun project
27 Countries
50 Banks 35 Fin Tech Providers
6 Deadline Passed
12 Extended Deadline
11 Regulatory/Govt

5. What should keep
you up at night

8. What’s actually
keeping you up at
night

9. Banks
● Do I need to comply?
● What do I need to have in order to comply?
● Can my IAM step up to the challenge?
● How do expose APIs from my legacy systems?
● Will this be a sunk cost? Or can I get a RoI?

10. Banks
● Do I need to comply? [Article 2 of PSD2 Regulation]
● What do I need to have in order to comply?
[APIM, API Security, TPP Onboarding, IAM]
● Can my IAM step up to the challenge? [MFA, Consent Management]
● How do expose APIs from my legacy systems?
[Integration points, Connectors]
● Will this be a sunk cost? Or can I get a RoI? [Stay tuned]

11. TPPs
● How do I integrate Banks with multiple different API specifications?
● How do I do Transaction Risk Analysis
● How do I connect my TRA to my IAM to provide SCA exemptions?
● How do I standout among the rest?

12. TPPs
● How do I integrate Banks with multiple different API specifications?
[API Integration]
● How do I do Transaction Risk Analysis [Real Time Analytics]
● How do I connect my TRA to my IAM to provide SCA exemptions?
[Adaptive Authentication]
● How do I stand out among the rest? [Stay tuned]

13. ● Full PSD2 compliance including adherence to RTS for SCA and SC
● Provide standardised API Specifications for Payment and Account information
● Out of the Box API Security (OAuth2)
● Strong Customer Authentication (SCA)
● Adaptive Authentication based on rules defined
● User Consent Management
● Integration with core-banking systems & external services
● API Analytics & Business Insights with Dashboards
● API Monetization to create various revenue models
Getting compliant using WSO2 Open Banking

14. What does it look like?
Check it out at
https://openbanking.wso2.com/

15. Beyond Compliance – Market Expansion
Bank A
Bank B
Bank C
Merchant
Consolidated customer
account and payment
info across
multiple Banks
TPPTPP

16. Beyond Compliance - New Revenue Streams
Consolidated customer
account and payment
info across
multiple Banks
Bank A
Bank B
Bank C
Merchant
TPP

17. Becoming a
Part
of Customer
Lifestyles

18. Open Technology for Agile Digital Business

19. WSO2 Open Banking
API Management
API Security + SCA
Consent Management
TPP Onboarding
API Analytics
PSD2 Compliance
API Integration
Fraud Detection
Transaction Risk Analysis
API Analytics
Dashboards
TPP Provider
Web/Mobile App Suite
Business Insights
Insight Sales
Required Integration
Digital Transformation

20. Why WSO2
● World class technology, preconfigured for full compliance and business expansion
● Proven track record of working with financial institutions of all sizes
● Standards-based API-M/Integration interoperates with COTS or bespoke tech
● Minimum impact/changes to existing internal systems and B2B integrations
● Ability to implement through Bank’s preferred local partners
● Structured training programs for IT staff, and focused workshops/hackathons
● Ability to seamlessly cater to evolving regulations and business priorities

21. THANK YOU
wso2.com